Hesai Group

Filing Date

Mar 18, 2026

Transaction Date

Mar 18, 2026

Accession Number

0001104659-26-031421

Form Type

3

Footnotes

1. (F1)Each American depositary share represents one Class B ordinary share.
2. (F2)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2026 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
3. (F3)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2027 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
4. (F4)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on September 19, 2028 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
5. (F5)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2026 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
6. (F6)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2027 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
7. (F7)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2028 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
8. (F8)Represents restricted share units granted to the reporting person pursuant to the issuer's share incentive plan, which will vest on December 1, 2029 and do not have expiration dates. These restricted share units evidence the contingent right to receive Class B ordinary shares upon vesting.
9. (F9)Option to purchase 1,732 Class B ordinary shares has vested as of the date of this filing, and the remaining option will vest on a monthly basis since April 1, 2026, with 286 Class B ordinary shares vesting each month until December 1, 2028 and 298 Class B ordinary shares vesting on January 1, 2029.